Date: 2026-01-07Category: Not ApplicableState: Union GovernmentCountry: India
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Ramgarhia Co-operative Bank Ltd., New Delhi – Extension of Period
On January 07, 2026, the Reserve Bank of India (RBI) extended the Directive issued under Section 35A read with Section 56 of the Banking Regulation Act, 1949, concerning Ramgarhia Co-operative Bank Ltd., New Delhi, for a further period of three months, from January 08, 2026 to April 08, 2026, subject to review. This extension follows the initial directive issued on July 07, 2022 (DEL.DOS.EXG_SSM.No.S515/12-10-013/2022-2023) for six months, and a subsequent extension on October 06, 2025 (DOR.MON.D-31/12.28.115/2025-26). The RBI deems the extension necessary in the public interest. All other terms and conditions of the original Directive remain unchanged. The RBI's website is www.rbi.org.in. The RBI's email is helpdoc@rbi.org.in. The press release number is 2025-2026/1877. Brij Raj, Chief General Manager, is the contact person. The Department of Communication address is Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. The phone number is 022 - 2266 0502.
Key Entities Referenced
Section 35A of the Banking Regulation Act, 1949: Legal provision under which the Reserve Bank of India issues directions to banking companies.
Section 56 of the Banking Regulation Act, 1949: Legal provision linked to directions issued to banking companies, especially cooperative banks.
Banking Regulation Act, 1949: Governs the banking sector in India.
Ramgarhia Co-operative Bank Ltd., New Delhi: The specific bank to which the directives are being issued.
Reserve Bank of India: The central bank and regulator issuing the directives.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
January 07, 2026
Directions under Section 35A read with Section 56 of the Banking Regulation
Act, 1949 – Ramgarhia Co-operative Bank Ltd., New Delhi – Extension of Period
The Reserve Bank of India issued Directions under Section 35A read with Section
56 of the Banking Regulation Act, 1949 to Ramgarhia Co-operative Bank Ltd., New
Delhi vide Directive No. DEL.DOS.EXG_SSM.No.S515/12-10-013/2022-2023 dated
July 07, 2022 for a period of 06 months up to close of business on January 08, 2023,
which was last extended vide Directive No. DOR.MON.D-31/12.28.115/2025-26
dated October 06, 2025. The Reserve Bank of India is satisfied that in the public
interest, it is necessary to further extend the period of operation of the Directive
beyond close of business on January 08, 2026.
2. Accordingly, the Reserve Bank of India, in the exercise of powers vested in it
under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation
Act, 1949, hereby extends the Directive for a further period of 03 months from close
of business on January 08, 2026 to close of business on April 08, 2026, subject to
review.
3. The aforesaid extension by the Reserve Bank of India should not per-se be
construed to imply that the Reserve Bank of India is satisfied with the financial
position of the bank.
4. Other terms and conditions of the Directive under reference, shall remain
unchanged.
(Brij Raj)
Press Release: 2025-2026/1877 Chief General Manager